| Veem Ltd (VEE) ORDINARY FULLY PAID |
Industrials |
$143 |
FY24 Results Announcement - VEEM Delivers Record Result
|
22 Aug 2024 8:04AM |
$1.790 |
$1.050 |
fallen by
41.34%
|
|
VEE - Price-sensitive ASX Announcement
Full Release
Key Points
- Revenue was $80.6 million, up 35% on FY23.
- EBITDA and NPAT were $14.8 million and $7.0 million, up 48% and 70% respectively on FY23.
- Cashflow from operations was $8.4 million, up 77% on FY23.
- EPS of 5.15 cents per share, up 70% on the prior period.
- Total FY24 dividend of 1.54 cents per share.
- Gyro sales for the year were $12.3 million, up 147% on the acceleration of the Strategic Marine contract.
- Agreement with Sharrow Engineering for exclusive worldwide license to manufacture and sell Sharrow designed propellers.
- Submarine program revenue was $17 million, with total defense revenue of $21 million, up 23% on FY23.
- Invested over $4.6 million in capital and development expenditure during FY24.
- Spent $4.5 million on formal research and development projects during FY24.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Veem Ltd (VEE) ORDINARY FULLY PAID |
Industrials |
$143 |
FY24 Results Presentation - VEEM Delivers Record Result
|
22 Aug 2024 8:04AM |
$1.790 |
$1.050 |
fallen by
41.34%
|
|
VEE - Price-sensitive ASX Announcement
Full Release
Key Points
- Revenue increased by 35% to $80.6 million.
- EBITDA rose by 48% to $14.8 million.
- NPAT increased by 70% to $7.0 million.
- Significant increase in gyro sales to $12.3 million.
- Exclusive worldwide license agreement with Sharrow Engineering for propeller manufacturing.
- Defence revenue increased by 23% to $21 million.
- Invested over $4.6 million in capital and development expenditure.
- New executive appointments: Trevor Raman as CEO and Tino Kapfumo as CFO.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Veem Ltd (VEE) ORDINARY FULLY PAID |
Industrials |
$143 |
Dividend/Distribution - VEE
|
22 Aug 2024 8:04AM |
$1.790 |
$1.050 |
fallen by
41.34%
|
|
| Veem Ltd (VEE) ORDINARY FULLY PAID |
Industrials |
$143 |
FY24 Financial Statements and Appendix 4E
|
22 Aug 2024 8:04AM |
$1.790 |
$1.050 |
fallen by
41.34%
|
|
VEE - Price-sensitive ASX Announcement
Full Release
Key Points
- VEEM Ltd reported a 35% increase in revenue to AUD 80.6 million for FY24.
- Net profit after tax attributable to members rose by 70% to AUD 6.986 million.
- VEEM sold 18 gyrostabilisers in FY24, generating revenue of AUD 12.3 million, up from AUD 5.0 million in FY23.
- VEEM's propulsion revenue for FY24 was AUD 35.3 million, a 26% increase over FY23.
- The company has entered an agreement with Sharrow Engineering to exclusively manufacture and sell Sharrow propellers worldwide.
- VEEM reported defence revenue of AUD 20.8 million, a 23% increase over FY23.
- The company declared a final unfranked ordinary dividend of AUD 1,045,425 for the year ended 30 June 2024.
- VEEM continued to invest in capital equipment, research and development, spending AUD 4.5 million on R&D in FY24.
- Net tangible asset backing per issued ordinary share increased to AUD 0.258 from AUD 0.217 in FY23.
- VEEM expects continued strong demand for its gyrostabilisers and propellers, and is well positioned for further defence work opportunities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
Dividend/Distribution - MSV
|
22 Aug 2024 8:03AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
Update - Notification of buy-back - MSV
|
22 Aug 2024 8:03AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
FY24 Annual Report
|
22 Aug 2024 8:02AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
| Bank of Queensland Limited (BOQ) ORDINARY FULLY PAID |
Financials |
$5,305 |
Market Update - Strategic Initiatives
|
22 Aug 2024 8:02AM |
$6.420 |
$8.020 |
risen by
24.92%
|
|
BOQ - Price-sensitive ASX Announcement
Full Release
Key Points
- BOQ is converting all its Owner Managed Branch network to corporate branches.
- The conversion is expected to be completed by March 2025.
- The cost of the conversion is estimated to be between $115m - $125m pre-tax.
- The conversion cost will amortise over approximately four years starting in H2 FY25.
- Annualised net cash profit after tax is expected to be neutral at conversion date.
- From FY26, the annual net cash profit after tax benefit will be approximately $20m.
- BOQ is investing in additional specialist business banker roles to support growth.
- Up to 400 FTE roles will be reduced as part of the simplification program.
- The simplification program is projected to deliver annualised savings of approximately $50 million.
- BOQ has restated its FY26 financial targets to a Return on Equity of 8.0% and a Cost to Income ratio of 56%.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
Appendix 4G
|
22 Aug 2024 8:02AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
| NAOS Ex-50 Opportunities Company Limited (NAC) ORDINARY FULLY PAID |
Financials |
$28 |
Appendix 4E & Annual Report 30 June 2024
|
22 Aug 2024 8:02AM |
$0.510 |
$0.595 |
risen by
16.67%
|
|
NAC - Price-sensitive ASX Announcement
Full Release
Key Points
- NAC recorded a challenging financial year with an after-tax loss of $13.31 million.
- The NAC Investment Portfolio returned -27.98%, significantly underperforming the S&P/ASX 300 Industrials Accumulation Index which returned +17.70%.
- The pre-tax Net Tangible Asset backing (NTA) per share decreased from $1.03 to $0.54.
- NAC maintained or increased dividends for the tenth consecutive year, declaring a fully franked final quarterly dividend of 1.50 cents per share.
- The company's profits reserve stands at 41.2 cents per share, supporting future dividend payments.
- NAC's investment strategy focuses on delivering a sustainable stream of dividends and avoiding dilutionary share issues.
- The company continued its active share buyback program, acquiring and cancelling 1.05 million shares.
- Sarah Williams acts as the Independent Chair and has been with the company since January 2019.
- The company's financial strategy includes maintaining long-term concentrated exposure to Australian public emerging companies.
- NAC declared a fully franked quarterly dividend of 1.50 cents per share on 22 August 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
FY24 Results Presentation
|
22 Aug 2024 8:01AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
MSV - Price-sensitive ASX Announcement
Full Release
Key Points
- Continued demand for drilling services with all FY24 expiring key contracts re-won
- Inflationary pressures have eased
- Drilling services market for global mining majors and existing producers is stronger than exploration
- No exposure to Lithium or Nickel
- High quality revenue streams with 90% from global mining majors
- Revenue split approximately 55% surface drilling and 45% underground drilling
- Gold represents around 40% of revenue
- 80% of revenue is from production, development and resource definition drilling
- Strong FY24 EBITDA of $40.4m
- Material growth opportunity in decarbonisation solutions
- Net debt reduced by 89% to $1.9m
- Capital expenditure for FY24 was $17.0m, an increase of 34.9% from FY23
- FY24 dividends of 4.0cps with a significant reduction in net debt
- Strong balance sheet heading into FY25
- Strategy to optimise long-term growth and returns to shareholders
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Naos Emerging Opportunities Company Limited (NCC) ORDINARY FULLY PAID |
Financials |
$27 |
Appendix 4E & Annual Report 30 June 2024
|
22 Aug 2024 8:01AM |
$0.480 |
$0.370 |
fallen by
22.92%
|
|
NCC - Price-sensitive ASX Announcement
Full Release
Key Points
- NAOS Emerging Opportunities Company Limited (ASX: NCC) focuses on long-term, concentrated exposure to Australian public and private emerging companies.
- Key metrics as of 30 June 2024 include a pre-tax NTA per share of $0.43 and a post-tax NTA per share of $0.54.
- The FY24 dividend was 5.75 cents per share, with a franked dividend yield of 13.86%.
- The company's investment portfolio underperformed relative to the S&P/ASX Small Ordinaries Accumulation Index.
- The board is chaired by Sarah Williams and includes directors like David Rickards OAM and Warwick Evans.
- The FY24 final dividend dates include an ex-dividend date on 9 October 2024 and a payment date on 31 October 2024.
- The annual financial position showed total assets of $62,648,041 and net assets of $39,509,175.
- The company focuses on investing in businesses with established moats and significant exposure to structural industry tailwinds.
- A final dividend of 2.00 cents per share, fully franked, was declared for 2024.
- The report indicates a loss from ordinary activities after tax of $17,659,307 for the year ended 30 June 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
FY24 Results and Dividend Announcement
|
22 Aug 2024 8:01AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
MSV - Price-sensitive ASX Announcement
Full Release
Key Points
- Post tax earnings of $9.2m representing a 21% increase on FY23
- EPS of 4.3c representing a 26% increase on FY23
- Record operating cashflows of $43.1m representing a 21% increase on FY23
- ROIC of 16.5% representing a 34% increase on FY23
- Net Debt at 30 June 2024 of $1.9m representing an 89% reduction since 30 June 2023
- Declared an unfranked final dividend of 2.0c per share
- All shareholders registered at 5pm on 29 August 2024 will be entitled to receive the dividend payment on 16 September 2024
- Ex-dividend date will be 28 August 2024
- Execution of capital management strategy focused on rapid debt reduction and maximizing shareholder returns
- Reduced net debt from approximately $40m to just under $2m since early FY23
- Returned approximately $17.7m to shareholders via dividends and buy-backs
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Mitchell Services Limited (MSV) ORDINARY FULLY PAID |
Materials |
$55 |
Preliminary Final Report
|
22 Aug 2024 8:01AM |
$0.385 |
$0.260 |
fallen by
32.47%
|
|
MSV - Price-sensitive ASX Announcement
Full Release
Key Points
- Mitchell Services Limited Appendix 4E Preliminary Final Report for the year ended 30 June 2024.
- Results for Announcement to the Market: Revenue from ordinary activities down 3% to $236,829,000.
- EBITDA down 2% to $40,384,000.
- Profit after tax up 21% to $9,175,000.
- Basic Earnings per Share increased to 4.3 cents from 3.4 cents.
- Net tangible asset backing per ordinary security slightly decreased to 28.0 cents from 28.1 cents.
- Comparative data for the year ended 30 June 2023 provided for context.
- The report includes details of financial performance, position, cash flows, and retained earnings.
- Compliance statement and ASX Listing Rules adherence highlighted.
- Company Secretary Greg Switala signed off the report on 22 August 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Medibank Private Limited (MPL) ORDINARY FULLY PAID |
Financials |
$14,376 |
FY24 Results - Investor Presentation
|
22 Aug 2024 8:01AM |
$3.920 |
$5.220 |
risen by
33.16%
|
|
MPL - Price-sensitive ASX Announcement
Full Release
Key Points
- Maintained customer-centric focus by delivering value, health, and experience.
- Committed to returning an additional $305 million to customers due to COVID-19.
- Achieved underlying NPAT of $570.4 million, a 14.1% increase from FY23.
- Continued focus on productivity savings with $10 million saved in FY24 and targeted for FY25.
- Ordinary FY24 dividend of 16.6 cents per share, fully franked.
- Expanded Medibank Health segment profit by 36.7%, benefiting from increased investment in Myhealth.
- Medibank is pushing for a health transition to create a more efficient system and long-term consumer affordability.
- Targeting investments between $150 million to $250 million through further M&A from FY24 to FY26.
- Net resident policyholder growth of 0.7%, with Medibank brand lapse remaining well below industry average.
- Significant progress in Medibank’s strategy to expand in health with more than 4 million health interactions provided.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Medibank Private Limited (MPL) ORDINARY FULLY PAID |
Financials |
$14,376 |
FY24 Results - Media Release
|
22 Aug 2024 8:01AM |
$3.920 |
$5.220 |
risen by
33.16%
|
|
MPL - Price-sensitive ASX Announcement
Full Release
Key Points
- Medibank reported a 14.1% increase in underlying NPAT to $570.4 million.
- Total FY24 fully franked ordinary dividend will be 16.6 cents per share, representing a 80.1% payout ratio of underlying NPAT.
- Net investment income increased by 31.5% to $182.2 million.
- Health Insurance operating profit rose by 6.3% to $692.3 million.
- Medibank Health segment profit grew by 36.7% to $60.4 million.
- The company provided $63 million in one-off financial support for private hospitals over the past two years.
- Medibank's customer advocacy score improved, with their average Service NPS increasing.
- Medibank maintained a strong capital position with unallocated capital increased to $186.2 million.
- Final ordinary dividend of 9.4 cents per share has been determined.
- Productivity savings targeted at $10 million in FY25.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Medibank Private Limited (MPL) ORDINARY FULLY PAID |
Financials |
$14,376 |
Dividend/Distribution - MPL
|
22 Aug 2024 8:00AM |
$3.920 |
$5.220 |
risen by
33.16%
|
|
| Medibank Private Limited (MPL) ORDINARY FULLY PAID |
Financials |
$14,376 |
FY24 Results - Appendix 4E and Financial Report
|
22 Aug 2024 8:00AM |
$3.920 |
$5.220 |
risen by
33.16%
|
|
MPL - Price-sensitive ASX Announcement
Full Release
Key Points
- Medibank releases FY24 Results - Appendix 4E, Directors’ Report, Financial Report, Media Release, and Investor Presentation
- Adoption of AASB 17 Insurance Contracts with retrospective application
- Dividend information includes a final ordinary dividend of 9.40 cents per share and an interim ordinary dividend of 7.20 cents per share
- Net tangible assets per ordinary share decreased from 68.0 cents in 2023 to 62.5 cents in 2024
- Health Insurance premium revenue increased by 7.6% from $7,086.4 million in 2023 to $7,623.1 million in 2024
- Overall revenue excluding net investment and other income grew by 8.1%
- Profit after tax from ordinary activities increased by 59.6% to $492.5 million
- Net profit from ordinary activities attributable to equity holders of the parent entity also increased by 59.6%
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Capitol Health Limited (CAJ) ORDINARY FULLY PAID |
Health Care |
- |
Change of Director's Interest Notice
|
22 Aug 2024 7:40AM |
$0.295 |
$0.385 |
risen by
30.51%
|
|
| Capitol Health Limited (CAJ) ORDINARY FULLY PAID |
Health Care |
- |
Notification of cessation of securities - CAJ
|
22 Aug 2024 7:36AM |
$0.295 |
$0.385 |
risen by
30.51%
|
|
| Capitol Health Limited (CAJ) ORDINARY FULLY PAID |
Health Care |
- |
Corporate Governance Statement
|
22 Aug 2024 7:36AM |
$0.295 |
$0.385 |
risen by
30.51%
|
|
| Capitol Health Limited (CAJ) ORDINARY FULLY PAID |
Health Care |
- |
Appendix 4G
|
22 Aug 2024 7:32AM |
$0.295 |
$0.385 |
risen by
30.51%
|
|
| Chorus Limited (CNU) ORDINARY FULLY PAID FOREIGN EXEMPT NZX |
Communication Services |
$3,731 |
Commission releases final PQP2 expenditure decision
|
22 Aug 2024 7:32AM |
$7.190 |
$8.600 |
risen by
19.61%
|
|
CNU - Price-sensitive ASX Announcement
Full Release
Key Points
- The Commerce Commission has released its final decision on Chorus’ capital and operating expenditure allowances for fibre for the next four-year regulatory period from January 2025.
- The total capital expenditure allowance is $1,140 million (nominal), up from $1,126 million in the 18 April draft decision.
- The total operating expenditure allowance is $790 million (nominal), up from $691 million in the draft decision.
- Chorus provided more information to the Commission, which resulted in an uplift of both capital and operating allowances.
- Key movements relative to the draft decision include a cost allocation methodology applying more shared costs to fibre, smaller efficiency-related adjustments to network and non-network operating expenditures, and approval of additional expenditures for self-insurance, advertising, compliance, slotted core fibre replacement, customer incentives, resilience, and customer connections.
- Chorus expects to provide an update on its capital management review at its full-year results on Monday 26 August 2024.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should
refer to the full announcement here for further information.
| Auckland International Airport Limited (AIA) ORDINARY FULLY PAID FOREIGN EXEMPT NZX |
Industrials |
$11,648 |
Dividend/Distribution - AIA
|
22 Aug 2024 7:31AM |
$6.860 |
$6.900 |
risen by
0.58%
|
|
| Metro Performance Glass Limited (MPP) ORDINARY FULLY PAID FOREIGN EXEMPT NZX |
Industrials |
$6 |
MPG Proxy Form 2024
|
22 Aug 2024 7:31AM |
$0.084 |
$0.030 |
fallen by
64.29%
|
|
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